Posted by William Charles on October 7, 2019
Bank Account Bonuses

Published on October 7th, 2019 | by William Charles

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[Expired] [OH, VA & PA only] Dollar Bank $200/$300 Checking Bonus

Deal has now ended, view more checking bonuses by clicking here

Update 10/7/19: There is another $300 bonus for those in VA, it does mention bringing in a post card but often it’s possible to open in branch without it just by asking. YMMV. Use this link. Hat tip to reader YAR

Update 9/19/19: Deal is back and valid until 11/30/19/ Hat tip to Gadget

Update 3/23/19: Deal is back and valid in VA again.

Update 3/14/19: Deal is back, currently available in OH & PA but not VA. Valid until April 30th, 2019. Hat tip to reader Gadget

Update 11/11/2018: Deal is back in VA. Hat tip to reader Brian.

Currently only available in VA.

Deal is back again. Thanks to readers Gadget, Dan & Tery

Deal is back for 2018. This time around it’s a $100 rebate the first year and then $100 credit. Previously it has been $150/$50. Hat tip to reader Joe W

Offer at a glance

  • Maximum bonus amount: $200
  • Availability: Dollar Bank serves areas surrounding southwestern Pennsylvania and northeast Ohio (may have to be within 100 miles of branch)
  • Direct deposit required: Yes, $500+
  • Additional requirements: Keep account open for one year
  • Hard/soft pull: Soft
  • Credit card funding: None
  • Monthly fees: $5, waivable 
  • Early account termination fee: Need to keep account open for one year to get full bonus, but $25/180 EATF otherwise.
  • Household Limit: One
  • Expiration date: October 1st, 2016 March 4th, 2017 September 30th, 2017 March 3rd, 2018 September 29th, 2018 (OH & PA), October 31st, 2018 (VA) November 30th, 2018 June 1st, 2019

The Offer

Direct link to offer: PA or OH or VA

  • Receive a sign up bonus of $200 (one $100 Mastercard rebate and one $100 credit) when you open an Everything Checking or No Overdraft checking account with Dollar Bank and complete the following requirements:
    • Receive cumulative direct deposits of $500 or more within first 60 days of account opening to receive $100 Rebate on Mastercard debit card
    • $100 credit will be applied to account within two months of the 1 year anniversary, account must have qualified for $100 rebate and be in good standing

 

The Fine Print

  • To qualify for the $200 offer, an Everything Checking or No Overdraft Checking account must be opened by 3/3/18.
  • Offer is for new checking customers only.
  • Up to $200 is available in one $100 rebate and one $100 credit. To receive the $100 debit card rebate, the account must receive cumulative direct deposits of $500 or more within 90 days of account opening, and the account must be in good standing. $100 debit card rebate will be added to the new checking account within 14 days of the qualifying cumulative direct deposits; the rebate will be credited for Dollar Bank Debit Mastercard purchases made via signature (not PIN).
  • The $100 credit will be applied within 2 months of the 1-year anniversary of account opening providing the account qualified for the debit card rebate, is active, in good standing and is in a qualifying plan.
  • Maximum amount is $200 per account and one per household.
  • Subject to 1099 tax reporting

Avoiding Fees

Everything Checking Account $5 Monthly

The Everything checking account has a $5 monthly fee, it’s waived if either of the following conditions is met:

  • Six transactions post to the account (ACH debits count, so you could pull money from this account to another bank)
  • You have an average checking balance of $2,500 or more

No Overdraft Checking Account $5 Monthly

Can be reduced to $2 per month with a qualifying checking relationship

Referral Bonus

For every friend you refer you can earn a $25 bonus, person being referred also receives $25. According to this comment this offer is stackable with this $200 offer.

Our Verdict

Previously they have offered a $150 checking bonus. Previously this deal was split so you’d get $150 now and then $50 in a years time, now it’s $100/$100 so that’s slightly worse. Still annoying to keep the account fee free for a year plus to get the full bonus. There are much better bonuses out there, but this one is still pretty good if you’re happy waiting a year to get the full bonus. If you do decide to sign up, please share your experiences in the comments below.

Big thanks to reader, Andrew who let us know. Please consider sharing bank bonuses with this site so we can make it even better.

Useful posts regarding bank bonuses:



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daxihe
daxihe

Referral bonus is stackable; existing customers got email saying ” Get $25 for each friend that opens and Everything Checking or No Overdraft Checking Account. Plus, they’ll get $200 when they open an account before October 1st!** “.

Frito Pendejo
Frito Pendejo

I live on the opposite end of PA and was rejected by zip code filter

Elena
Elena

Same here. Need to live in Pittsburgh area to be eligible.

SouthFayetteFan
SouthFayetteFan

FYI – The offer for PA and OH is different here (although both are $200 total). Ohio is $150 + $50. PA is $100 + $100 from what I can see.

Don
Don

I’m thinking about opening up this account tomorrow or Friday as there is a branch 10 minutes from me. Anyone want to be my refer a friend to $25? Let me know ASAP!

daxihe
daxihe

This offer just says “Offer is for new checking customers only.” and no churning interval is given. Does anyone know if this is churnable?

Don
Don

I can ask when I open an account today.

Phong Chau

So I have to open a debit card to get the $150 bonus? How does the bonus work? Doesn’t make sense since you pull the amount from the debit card using the same account.

Phong Chau
Phong Chau

Anyone get the $150 bonus yet?

Phong Chau
Phong Chau

I somehow got the $100/$100 bonus. Anyone know how I can do signature transaction for the debit card online?

Gadget
Gadget

https://www.dollar.bank/Ads/200-Checking

Updated to Oct 15th.

Keeping an eye on this, because they bought a bank in VA. Hoping they bring the promo to VA.

Don B.
Don B.

Deal is back! Now due to end on 9/30/17

Changed back to the $100 now and $100 in 12 months.

https://www.dollar.bank/Ads/200-pa?aliaspath=%2fAds%2f200-PA

Gadget
Gadget

This is also available in the “market area” of SE VA until February 28th. Promo code CM287 on my flyer.
https://www.dollar.bank/celebrate

I signed up yesterday. Apparently they are not Chex sensitive. No HP. Have instant online access. I did sign up in Branch so no credit card funding. $50 opening deposit. Waiting on my debit card in the mail before doing much with this account. The 6 transactions per month to keep the account free include any outgoing money: debit, ACH, or bill pay. I plan on using a real DD so no DP there.

DoC: Suggested edit: Per the banker the referral is stackable. The referral coupon says both the referring account and the new account customer will get a $25 bonus. If anyone cares to try it, my referral is [referral removed at request of reader]

Daniel
Daniel

Gadget, I’m going to open a Dollar Bank account for the $200 offer, and I was going to use your link. However, when I read the fine print it clearly states that the referred customer cannot combine the Referred Bonus with any other offers. I’m going see if I can find out what’s the reality. But unless I see something definitive, I don’t feel like it’s worth risking $200, to get an extra $25.

Gadget
Gadget

I know I am about a month late on this, but my Banker verbally stated to me the referral does stack when I asked. And, I believe Dan was able to use my link, because I was just awarded a $25 bonus. But I totally understand your hesitation. All I can say is that I have seen other banks referral program rewards stack, such as Old National, Associated, Regions… but they were using ReferLive. Dollar manually processes theirs based on the notes on the referral form, which to me, makes it more stackable.

Gadget
Gadget

William Charles Can you please remove my referral link? Thank you DoC!

I plan on closing this account next month. Just in rare case that someone used my link in the last month… highly unlikely, I will keep it open for now.

Dan & SO were the only referrals I know of… which is better than nothing, but certainly not worth bragging about.

Gadget
Gadget

DP:. Signed up 2/09 in branch VA.
2/14 & 2/15 $500 Schwab & PNC ACH deposits post to mimic a DD.
2/19 $100 Circle pay load via debit posts.
2/19 $100 bonus! “ONL DEBIT CARD REBATE PURCHASE’ posts.

I’m impressed. Very little work for almost immediate payout. Please consider using my referral link above if you decide to go for this. Thanks.

Gadget
Gadget

DP: Schwab ACH definitely counted as a DD. Upon further review of my statement, Schwab deposit says DIR. PNC says DEP. I would assume these mean Direct Deposit and Deposit. As antiquated as their system appears to be, either might have worked, but Schwab One brokerage certainly counted.

Speaking of why I say antiquated, their bill pay is annoying. You have a preset list of billers you have to search through (similar to BMO Harris), and most of my credit cards (most of which are very popular cards, e.g. CF, BCP, CDC) did not match up to the presets. So, you have to enter your own billing details. That’s OK I guess, if you could schedule the payment after you get done typing. Nope. You have to wait until sometime during the next business day when they choose to approve your biller. You get an e-mailed approval, then you can log back in and schedule your payment. Once it is setup, it’s not that big of a deal I guess, but still a pain. Another strike, you cannot tailor the name of your billers, so you need to remember the last 4 digits of the account number if you have duplicates to the same CC Co. I am spoiled – most banks are Fiserv, and all you need is a Co. name and CC number and your done.

Another annoyance: While logged into online banking, you need your PIN just to download your monthly online statement. Your PIN comes in the mail separate from your debit card PIN. Not sure if it is customizable by calling but I know I did not get the opportunity to set it when i opened the account in branch.

I also noticed they take their online banking and app down a lot. To be fair, maybe it’s only a Virginia thing since they took over a bank here. And, mostly late at night or early morning, but happens at least a couple times a week. That’s more than I am used to seeing in any bank I have ever had (since the Internet was used for banking anyway). Just my 2 cents.

Doggo
Doggo

I did both a Santander and Wells Fargo ACH push, former said DEP, latter was a DIR. No bonus yet though, but I’m assuming the WF ACH counted as DD.

Doggo
Doggo

Update: WF ACH push worked.

Gadget – How are you getting the first $100 out? Are you doing organic spend? Do you know if purchasing a money order at walmart would work?

Ryan
Ryan

What was your timeline for receiving the bonus after WF ACH posted?

Simon
Simon

I used my actually payroll for DD. I bought a $100 giftcard at our local grocery store with the debit card, using signature for processing as Credit instead of pin for Debit. Today the purchase transaction posted along with a $100 “ONL DEBIT CARD PURCHASE REBATE”. Their online banking isn’t the best, but bonus is bonus. Thanks, DoC!

Yet Another Redditor

Variation of this offer as Workplace Banking is now available $100 + $50 rebate https://www.dollar.bank/Personal/Workplace-Banking/Offers/Get-$150

Gadget
Gadget
Dan - Legal Bank Robber
Dan - Legal Bank Robber

Not only for VA. I believe there are targeted links for each state/city. Here is a link for Cleveland, OH
https://www.dollar.bank/Ads/200-oh

Gadget
Gadget

Well, technically, that is a different offer… different expiration. But yeah, another link:

https://www.dollar.bank/Ads/200-pa
https://www.dollar.bank/Ads/200-va

Gadget
Gadget

William Charles DoC, the title and note below still says expired.

Dan - Legal Bank Robber
Dan - Legal Bank Robber

Will try this tomorrow in OH w/ a NY DL and will report back

Dan - Legal Bank Robber
Dan - Legal Bank Robber

I am confused though… So you need a $500 DD for the first $100. Then $100 worth of signature based debit card purchases for the second $100. Someone please correct me if I am wrong or confirm what I am saying. Thanks

Yet Another Redditor
Dan - Legal Bank Robber
Dan - Legal Bank Robber

As others have pointed out, Referral is stackable. I used Gadget referral in conjunction w/ $200 bonus. I opened w/ an out state license (NY) w/ my reasoning as I am attending college in Ohio. Not sure if it was a chex pull, I doubt it. Even if did they are not sensitive at all. Debit card purchase for $100 rebate does not need to be in one purchase can be multiple purchases totaling to a $100.

Gadget
Gadget

Thank you. This will be my first referral, and I will post if I hit my limit of 5. This promo has a limited footprint and year-long terms is annoying to get 2nd half of the bonus, so this page hasn’t seen much activity.

Based on my Feb opening, they do pull Chex, and I totally agree they are not Chex inquiry sensitive. They do not pull EWS.

What I do is pay 6 bills every month to stay fee free – sometimes just $2-5 each, or full payments. Their web banking is not very easy to use. Billers are a pain to enter, and most have to be approved, which is done the next business day. Bank of America bills take a full week to get credited, so I assume they mail a check. You have to click around to edit the billers too, as otherwise it’s hard to tell which is which if you have multiple credit cards from the same company.

Took me months to figure out how to ACH funds out (maybe they don’t enable for new customers?), which ACH transfer shows up as P2P at the recv. bank. And it’s quirky, because you can only have one P2P bank with the same person’s name on the account. I figured out to add my middle initial to my first name to get two banks added.

Debit card PIN is mailed separately from the paperless statement access PIN, which is just another inconvenience. If you want to change your debit PIN, you can change it at a Dollar Bank ATM. Never did figure out how to change the other statement PIN.

Dan - Legal Bank Robber
Dan - Legal Bank Robber

Hello, too late to edit my previous comment (see below) but I am adding my referral link so others can use mine as I used another DoC members. No point in not doing it as its another $25 you wouldn’t get w/o it. Thanks in advance to any who use it. All money helps pay college tuition lol. http://tinyurl.com/y79ryrr9

chriis
chriis

Does online purchase count as signature transaction?

Gadget
Gadget

It should. I did a Circle Pay app transaction of $100. It showed up on the Dollar bank statement as POS. (And later, the money was returned by Circle to Dollar bank because Circle shut me down, and Dollar bank still honored it as a valid signature transaction.)

In the debit card world, any transaction where you do not enter a PIN is considered signature, or also called POS. Sometimes I have seen where Amazon will call it pinless debit. Because 3 different names for the same thing isn’t enough.

ChurningFast

Question. I did this painlessly last year, so does ‘new customer’ mean brand new or just one that doesn’t have an account currently? Also, if I open , I can use someone’s referral, but not sure it’ll stack with the $200.

Gadget
Gadget

You would have to call and ask if “new customer” means ever having an account before. However, be advised that CSR’s aren’t always right and often don’t know how the bonuses actually get processed. M&T used to have language that it was a one per person, and they gave out bonuses back to back to back.

Instead, I would just wait a full 6 months or a year after closing and try again. Because it says one per household, as soon as my account is closed next year, SO is going for it. I just wish they wouldn’t drag the 2nd payment out a year.

Dan was able to get the referral because he used mine and I got my $25, and still get the regular bonus. His, or my link, is available for use, as I am still waiting for my 2nd $100. My account is going to be open and in good standing until spring 2019.

Dan - Legal Bank Robber
Dan - Legal Bank Robber

DP
9/4/18 Opened in branch w/ out of state stacked referral bonus

9/13/18 Real DD

9/18/18 Amazon Reload $100 (Processed as credit card)

9/19/18 $100 Debit Card Rebate

Side Note: Banker told me referral would post at 30 day mark and the other $100 is supposed to post around month 10 per terms.

Gadget
Gadget

My referral reward ($25) posted Oct 1st. Thank you!

The 2nd $100 would post NLT the 14 month mark, the way I read the terms anyway. Hopefully the banker you spoke to was right.

Dan - Legal Bank Robber
Dan - Legal Bank Robber

No problem.

Dan - Legal Bank Robber
Dan - Legal Bank Robber

Gadget Unless someone else used my referral, I got two $25 referral credits around the 30 day mark, both posting the same day. Maybe a glitch in their system, I do not know. Regardless thank you for your superior referral loll.

Gadget
Gadget

It’s possible someone else used your referral. I know I only got the one $25. I was thinking about referring SO, but the damn 1 per household rule for the $200 promo has me in limbo. If I refer her, then it might be too obvious we are in same household. Technically, it’s not the same promo… In my opinion… Because it stopped for months and started back up again. They probably won’t share my same opinion.

I am almost to the one year mark (in Jan) and waiting on the $100. Within 2 months of anniversary means March, or November… Glass half empty/full.

Dan - Legal Bank Robber
Dan - Legal Bank Robber

She should use my referral than hehe

Gadget
Gadget

Great idea… if that whole in branch signup wasn’t required to do the referral. Probably going to just try to sign her up online and see what happens.

Gadget
Gadget

Sorry Bro – she used my referral in branch. Hoping for the best case scenario. I will know in a couple weeks or less.

Dan - Legal Bank Robber
Dan - Legal Bank Robber

No worries, didn’t actually think you would. With a bank this small and archaic I think the no household restriction won’t be a problem. Let me know what happens though.

Gadget
Gadget

Oh, I actually considered it. Esp since Fulton Bank just busted me for the household limit, and in that case the two accounts were not even open during the same timespan. SM resulted in “someone in your household claimed the bonus”. Fulton: P1 Open Jan – P1 Close Mar, P2 Open Sept – P2 Going to Close Dec.

I will report back the result on the referral and SO’s first $100. Still waiting on my 2nd $100…. which I suspect won’t arrive until early next year.

Dan - Legal Bank Robber
Dan - Legal Bank Robber

Thats rough, household limits are dumb. Obviously I am still waiting on my second $100 as well.

Joe
Joe

I live about 96 miles away from a branch and was approved.

Bank is not chex sensitive. 15 in the last 6 months and was approved.

Gadget
Gadget

William Charles VA link needs to be updated, and must be opened by Oct 31st.

https://www.dollar.bank/Ads/200-va

Brian
Brian

Looks like the VA offer is back through 11/30/2018.
https://www.dollar.bank/Ads/200-va

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